Correlation
The correlation between SCHI and LQD is 0.26, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
SCHI vs. LQD
Compare and contrast key facts about Schwab 5-10 Year Corporate Bond ETF (SCHI) and iShares iBoxx $ Investment Grade Corporate Bond ETF (LQD).
SCHI and LQD are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. SCHI is a passively managed fund by Charles Schwab that tracks the performance of the Bloomberg US Aggregate Credit - Corporate (5-10 Y). It was launched on Oct 10, 2019. LQD is a passively managed fund by iShares that tracks the performance of the iBoxx $ Liquid Investment Grade Index. It was launched on Jul 26, 2002. Both SCHI and LQD are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: SCHI or LQD.
Performance
SCHI vs. LQD - Performance Comparison
Loading data...
Key characteristics
SCHI:
1.21
LQD:
0.55
SCHI:
1.58
LQD:
0.69
SCHI:
1.19
LQD:
1.08
SCHI:
0.08
LQD:
0.24
SCHI:
3.59
LQD:
1.24
SCHI:
1.72%
LQD:
2.82%
SCHI:
5.60%
LQD:
7.57%
SCHI:
-78.09%
LQD:
-24.95%
SCHI:
-73.03%
LQD:
-10.27%
Returns By Period
In the year-to-date period, SCHI achieves a 2.46% return, which is significantly higher than LQD's 1.01% return.
SCHI
2.46%
-0.31%
1.36%
6.43%
3.62%
0.86%
N/A
LQD
1.01%
-1.19%
-0.98%
3.82%
1.94%
-0.70%
2.35%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
SCHI vs. LQD - Expense Ratio Comparison
SCHI has a 0.05% expense ratio, which is lower than LQD's 0.15% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Risk-Adjusted Performance
SCHI vs. LQD — Risk-Adjusted Performance Rank
SCHI
LQD
SCHI vs. LQD - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Schwab 5-10 Year Corporate Bond ETF (SCHI) and iShares iBoxx $ Investment Grade Corporate Bond ETF (LQD). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Loading data...
Dividends
SCHI vs. LQD - Dividend Comparison
SCHI's dividend yield for the trailing twelve months is around 5.11%, more than LQD's 4.51% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SCHI Schwab 5-10 Year Corporate Bond ETF | 5.11% | 5.11% | 4.27% | 3.10% | 1.93% | 2.31% | 0.53% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
LQD iShares iBoxx $ Investment Grade Corporate Bond ETF | 4.51% | 4.45% | 3.99% | 3.30% | 2.30% | 2.66% | 3.29% | 3.67% | 3.10% | 3.34% | 3.47% | 3.39% |
Drawdowns
SCHI vs. LQD - Drawdown Comparison
The maximum SCHI drawdown since its inception was -78.09%, which is greater than LQD's maximum drawdown of -24.95%. Use the drawdown chart below to compare losses from any high point for SCHI and LQD.
Loading data...
Volatility
SCHI vs. LQD - Volatility Comparison
The current volatility for Schwab 5-10 Year Corporate Bond ETF (SCHI) is 1.46%, while iShares iBoxx $ Investment Grade Corporate Bond ETF (LQD) has a volatility of 1.92%. This indicates that SCHI experiences smaller price fluctuations and is considered to be less risky than LQD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading data...